Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.7973 | +0.1723 | pay 0.1723% / 8h | 3h 38m | $52K | $332K | 20x | Long Binance | |
| SHORT | 7.7600 | 0 | 0.0000% / 1h | 38m 01s | $1.1M | $19K | 10x | Short QFEX |
Price gap−0.479%
Funding gap−0.1723% /8h
The gap pays +$36 on $10k if it goes back to its 7d average, but funding costs $52 a day and eats that in about 17 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.1723% /8h now · no funding history yet
Price+$36spread −0.479% now, avg −0.835% → +0.356% if it goes back
Costs−$2022.019% of $10k · taker + slippage, in and out
Result—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
QFEX price against Binancenow
RANGE STATS · 7D
Now−0.479%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCRML on 3 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size49.8 / 47.2 bpAt $10k entering Binance costs 49.8 bp, fee and slippage, 1.1× QFEX’s.
- Note: Margin at max leverage$500 + $1,000Binance 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$51.68Long Binance: 3 payments, −$51.68; short QFEX: 24 payments, $0.00.
- OK: Entry gap works for you−0.479% vs −0.835%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$52K vs $1.1M OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · QFEX NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$361.78
Price spread−0.479% → −0.835% (7d avg)+$35.60
Slippage, 4 orderslive order books−$181.92
Fee Binance bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$528.10
Costs to cover2.019%Break-evennever at this rate
Slippage: Binance: live order book, 58 min ago; QFEX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance5.1649.8 bp−$50doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX12.8747.2 bp−$47doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 12:00 | Gate | Listing | new market CRML_USDT ($CRML) seen by our collector |
| 09-29 09:04 | Binance | Listing | new market CRMLUSDT ($CRML) seen by our collector |
| 09-21 15:21 | QFEX | Other | $CRML - Critical Metals Corp. is now trading 24/7 on QFEX @QFEX on X ↗ |
| 09-21 11:49 | QFEX | Listing | new market CRML-USD ($CRML) seen by our collector |
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